Key Takeaways
- Japanese Prime Minister Fumio Kishida will step down and not run in the LDP presidential election due to mounting criticism over LDP slush fund scandals and declining approval ratings.
- The LDP presidential election is a leadership election within the Liberal Democratic Party of Japan.
- Fumio Kishida’s decision to step down and not run in the LDP presidential election has sent shockwaves through the Japanese political landscape.
Tokyo: Japanese Prime Minister Fumio Kishida has decided that he will not run in the presidential election of the ruling Liberal Democratic Party (LDP) next month, according to local media reports on Wednesday.
The move means Kishida, faced with mounting criticism over LDP slush fund scandals and declining approval ratings, will step down as prime minister.
A press conference will be held at 11:30 a.m. local time.
